Chengdu Jiaozi Oriental Investment Development Partnership (Limited Partnership) signed an agreement to acquire 5% stake in Chengdu Huasun Technology Group Inc., Ltd. (SZSE:000790) from Wang Anquan for approximately CNY 140 million on October 30, 2020. Chengdu Jiaozi Oriental Investment Development Partnership will acquire 30.8 million shares at a price of CNY 4.608 per share. Under the terms of the transaction, CNY 30 million will be paid within three trading days after the completion of the transfer and registration of the underlying shares and CNY 112 million will be paid within seven trading days from the date of completion of the transfer and registration of the underlying shares.